It would appear nobody wants to play (legally anyway).
Interesting tidbit, Chubb Insurance was also the surety on the ‘Rust’ movie set that resulted in the first Hollywood shooting death as a result of actual live ammunition.
It would be interesting to see if these entities get threats from MAGA land. Curious if their right wing news bubble insulates them from this sort of news.
The problem Trump faced here was that no insurance company would do a bond of that size for anything other than cash or stock security. The only thing he had to put up with his overvalued properties.
“Reporting from the outlet Just Security found that Trump’s current liquidity is believed to be lower than the civil fraud penalty against him.”
Oh where is that face-rubbing meme.
Hahahha, even Chubb snubbed him on this one.
What about Affinity Partners, Jared Kushner’s investment company? They just got $2 billion from some Saudi king or whatever.
>The list was as follows: Applied Underwriters (SiriusPoint), Allianz, Amynta, Arch, Argo, Ascot, AXA XL, Berkley, Berkshire Hathaway, CAP Specialty, Chubb, Cincinnati, CNA Surety, DUAL/Axis, Everest Re, Frankenmuth, Hartford, Hudson, IAT (Harco), Intact, Liberty, Munich Re, Philadelphia Indemnity, MainStreet (NGM), Markel, Nationwide, RLI, Skyward (Great Midwest), Sompo, Swiss Re, Tokyo Marine HCC, Travelers, and Zurich.
I can only imagine a lot of these companies don’t want the PR nightmare that goes with this circus. That has to be part of the considerations.
I wanted to see a hilariously long list. So where’s the list? It’s all links to other articles with no list…
Was I being blind?
The Companies all know he is a horrible risk and don’t want to get stiffed for the bill . He will be dead before the court case ever got resolved
Meanwhile Donald owns his own plane !
Trump could flee anytime he wants to Switzerland or anywhere without extradition with US courts
Trump could also tie up the insurance company for a decade in Court
The insurance company wouldn’t lend him a breath mint ,
Let alone 450k
Wow! A list of all the heavy-hitters in the insurance and finance world. Lot of confidence they have in him.
Is it possible for him to ask multiple brokers to bond the money? And by that I mean get like five of them to put up $100 million a piece? I get that no one broker will put up the full amount so this would seem like his only option at this point. BTW I am experiencing an amazing amount of schaudenfreude with this whole situation.
What happened to too smart, too amazing, too business savy, to fail? Trump has the best words and all the evidence that this is a hoax of historic proportions. Given all that, this should be a no-brainer for these places to back/insure him. He’s a guaranteed win. And then the next president will love them.
/s
Trump’s “empire” is such a shitshow.
>Berkshire Hathaway
He asked Warren Buffet for money? The nemesis of MAGA AND QAnon? Oh that’s rich.
Before we feel sorry for Trump, we should remember that just 3 short years ago, he pardoned a man whose son worked in his administration.
That son had worked on Middle East policy and made a bunch of business contacts that then gave him $2billion upon leaving the White House.
That son owes Trump everything and could easily cover Trumps legal costs without batting an eye.
That son knows Trump better than any of us.
That son won’t pay the bond.
Probably because Trump wants to fuck that son’s wife.
The dildo of consequence is rarely lubed.
I’m sure he’s working on financing with a Putin back Russian company.
As it turned out, nationwide was in fact, not on his side.
So say I owed someone/the state 100,000 as a civil liability. Can I ask the court to let me appeal this judgement for something like 10,000 cash I had in the bank? Would the court basically tell me, a common guy, to gtfo ? Now my house is worth 1,000,000, would they seize and sell it to satisfy the judgment and I would have no recourse? If the answer is “yes” , why TF is Trump allowed to delay and delay ?
So now he wants some leniency from the judge that he has called crooked and worse for months….lol
Berkshire Hathaway 😂
When is the date that trump owes this money to post bond? If he passes that date are his assets fair game to get seized?
Sounds like Donny might need to start liquidating some assets! Oh wait, they’re all underwater and over leveraged. Sucks for him!
Are we really sure that some Saudi Prince or Pooty-poot won’t just swoop in and gift it for him?
Who would have thought a business man with a string of bankruptcies and a reputation for stiffing creditors by abusing the court system would have trouble securing a half billion dollar loan on top of the hundred million loan he got last week, while facing 91 or so felony indictments. Banks can just be so uncaring.
Putin lent him the money! He is just stalling and going for the sympathy vote so he does not have to put too much out. I think he called it the “Art of the Deal”. Next up – more whining and sniveling and threats!
I think he really hurts himself by running for POTUS. Nobody would be excited to try to collect this judgement from Trump when he loses his appeal. Now imagine trying to collect from *President* Donald Trump.
Bunch of stupid woke ass companies
-MAGA probably
I don’t see Chico’s Bail Bonds on this list. Someone hasn’t done their due diligence.
Maybe Trump should try slowing down on the avocado toast and expensive coffees for a little while.
I don’t get Chubb…isn’t it sort of sinking their own ship by not also doing this one? Or Trump must have personally guaranteed something rock solid.
If any of these companies do business in the US, it seems they have good incentives to keep Trump out of the White House, knowing his penchant for reprisal.
He will get the money. Russia or Saudi Arabia will pay. Trump has more of americas secrets to sell. Mark my words. He’ll have the money next week.
Everyone sees him for what he is a lying, manipulating fraud!!
> “…for an amount as high as $464 million, real estate, Trump’s key asset type, could not be put forward as collateral.”
Excuse me while I continue laughing.
Chubb…. 😂
What if Trump sells all the properties to Ivanka for, say, $2 Billion?
Sure it might screw over the inheritances for his son’s but they can always sue…which might delay matters.
Trump put all these companies at the top of his revenge list.
Once they start seizing his property they will find it all multi mortgaged beyond it’s value.
So, it’s a practical impossibility that a billionaire can’t secure a $460M bond? Now why would that be?
“Nationwide ain’t on your side”.
Throw that sorry excuse of a human being in jail already. WTF America?
Trump is frantically searching Mar A Lago for any more left over top secret documents he can sell to the Saudi’s.
Berkshire Hathaway…????? WRF are they thinking. Buffet is not an idiot….. neither are the others denying it. No body wants their reputation smeared… profit or not.
So let me get this straight.
The reason Trump & Co. can not post an appeal bond on a judgement for misrepresenting their assets is because they don’t don’t have the assets for someone to underwrite it?
Seriously asking because that kind of screams that he was misrepresenting his assets.
I see JG Wentworth isn’t on the list.
Wow it’s almost as if all these companies are worried that Trump properties are grossly overvalued or overleveraged.
46 comments
It would appear nobody wants to play (legally anyway).
Interesting tidbit, Chubb Insurance was also the surety on the ‘Rust’ movie set that resulted in the first Hollywood shooting death as a result of actual live ammunition.
https://www.businessinsurance.com/article/20211028/NEWS06/912345556/Documents-name-Chubb-as-liability-insurer-for-Alec-Baldwin-movie-Rust
It would be interesting to see if these entities get threats from MAGA land. Curious if their right wing news bubble insulates them from this sort of news.
The problem Trump faced here was that no insurance company would do a bond of that size for anything other than cash or stock security. The only thing he had to put up with his overvalued properties.
“Reporting from the outlet Just Security found that Trump’s current liquidity is believed to be lower than the civil fraud penalty against him.”
Oh where is that face-rubbing meme.
Hahahha, even Chubb snubbed him on this one.
What about Affinity Partners, Jared Kushner’s investment company? They just got $2 billion from some Saudi king or whatever.
>The list was as follows: Applied Underwriters (SiriusPoint), Allianz, Amynta, Arch, Argo, Ascot, AXA XL, Berkley, Berkshire Hathaway, CAP Specialty, Chubb, Cincinnati, CNA Surety, DUAL/Axis, Everest Re, Frankenmuth, Hartford, Hudson, IAT (Harco), Intact, Liberty, Munich Re, Philadelphia Indemnity, MainStreet (NGM), Markel, Nationwide, RLI, Skyward (Great Midwest), Sompo, Swiss Re, Tokyo Marine HCC, Travelers, and Zurich.
I can only imagine a lot of these companies don’t want the PR nightmare that goes with this circus. That has to be part of the considerations.
I wanted to see a hilariously long list. So where’s the list? It’s all links to other articles with no list…
Was I being blind?
The Companies all know he is a horrible risk and don’t want to get stiffed for the bill . He will be dead before the court case ever got resolved
Meanwhile Donald owns his own plane !
Trump could flee anytime he wants to Switzerland or anywhere without extradition with US courts
Trump could also tie up the insurance company for a decade in Court
The insurance company wouldn’t lend him a breath mint ,
Let alone 450k
Wow! A list of all the heavy-hitters in the insurance and finance world. Lot of confidence they have in him.
Is it possible for him to ask multiple brokers to bond the money? And by that I mean get like five of them to put up $100 million a piece? I get that no one broker will put up the full amount so this would seem like his only option at this point. BTW I am experiencing an amazing amount of schaudenfreude with this whole situation.
What happened to too smart, too amazing, too business savy, to fail? Trump has the best words and all the evidence that this is a hoax of historic proportions. Given all that, this should be a no-brainer for these places to back/insure him. He’s a guaranteed win. And then the next president will love them.
/s
Trump’s “empire” is such a shitshow.
>Berkshire Hathaway
He asked Warren Buffet for money? The nemesis of MAGA AND QAnon? Oh that’s rich.
Before we feel sorry for Trump, we should remember that just 3 short years ago, he pardoned a man whose son worked in his administration.
That son had worked on Middle East policy and made a bunch of business contacts that then gave him $2billion upon leaving the White House.
That son owes Trump everything and could easily cover Trumps legal costs without batting an eye.
That son knows Trump better than any of us.
That son won’t pay the bond.
Probably because Trump wants to fuck that son’s wife.
The dildo of consequence is rarely lubed.
I’m sure he’s working on financing with a Putin back Russian company.
As it turned out, nationwide was in fact, not on his side.
So say I owed someone/the state 100,000 as a civil liability. Can I ask the court to let me appeal this judgement for something like 10,000 cash I had in the bank? Would the court basically tell me, a common guy, to gtfo ? Now my house is worth 1,000,000, would they seize and sell it to satisfy the judgment and I would have no recourse? If the answer is “yes” , why TF is Trump allowed to delay and delay ?
So now he wants some leniency from the judge that he has called crooked and worse for months….lol
Berkshire Hathaway 😂
When is the date that trump owes this money to post bond? If he passes that date are his assets fair game to get seized?
Sounds like Donny might need to start liquidating some assets! Oh wait, they’re all underwater and over leveraged. Sucks for him!
Are we really sure that some Saudi Prince or Pooty-poot won’t just swoop in and gift it for him?
Who would have thought a business man with a string of bankruptcies and a reputation for stiffing creditors by abusing the court system would have trouble securing a half billion dollar loan on top of the hundred million loan he got last week, while facing 91 or so felony indictments. Banks can just be so uncaring.
Putin lent him the money! He is just stalling and going for the sympathy vote so he does not have to put too much out. I think he called it the “Art of the Deal”. Next up – more whining and sniveling and threats!
I think he really hurts himself by running for POTUS. Nobody would be excited to try to collect this judgement from Trump when he loses his appeal. Now imagine trying to collect from *President* Donald Trump.
Bunch of stupid woke ass companies
-MAGA probably
I don’t see Chico’s Bail Bonds on this list. Someone hasn’t done their due diligence.
Maybe Trump should try slowing down on the avocado toast and expensive coffees for a little while.
I don’t get Chubb…isn’t it sort of sinking their own ship by not also doing this one? Or Trump must have personally guaranteed something rock solid.
If any of these companies do business in the US, it seems they have good incentives to keep Trump out of the White House, knowing his penchant for reprisal.
He will get the money. Russia or Saudi Arabia will pay. Trump has more of americas secrets to sell. Mark my words. He’ll have the money next week.
Everyone sees him for what he is a lying, manipulating fraud!!
> “…for an amount as high as $464 million, real estate, Trump’s key asset type, could not be put forward as collateral.”
Excuse me while I continue laughing.
Chubb…. 😂
What if Trump sells all the properties to Ivanka for, say, $2 Billion?
Sure it might screw over the inheritances for his son’s but they can always sue…which might delay matters.
Trump put all these companies at the top of his revenge list.
Once they start seizing his property they will find it all multi mortgaged beyond it’s value.
So, it’s a practical impossibility that a billionaire can’t secure a $460M bond? Now why would that be?
“Nationwide ain’t on your side”.
Throw that sorry excuse of a human being in jail already. WTF America?
Trump is frantically searching Mar A Lago for any more left over top secret documents he can sell to the Saudi’s.
Berkshire Hathaway…????? WRF are they thinking. Buffet is not an idiot….. neither are the others denying it. No body wants their reputation smeared… profit or not.
So let me get this straight.
The reason Trump & Co. can not post an appeal bond on a judgement for misrepresenting their assets is because they don’t don’t have the assets for someone to underwrite it?
Seriously asking because that kind of screams that he was misrepresenting his assets.
I see JG Wentworth isn’t on the list.
Wow it’s almost as if all these companies are worried that Trump properties are grossly overvalued or overleveraged.